• 8:30-9:00 CEST
• EY Zurich

Welcome Coffee: Sponsored by EY

• 9:00-9:05 CEST
• Bill Corry, Corry Capital
• EY Zurich

Welcome from our Conference Chair

Bill Corry, CEO of asset manager Corry Capital, gets proceedings underway with a brief welcome address.

• 9:05-9:45 CEST
• Scott Rose, Fifth Season | David Naughton, Byrne Wallace Shields | Raffaele DellAmore, Cambridge Associates
• EY Zurich

Opening Panel: Life as a Standalone Asset Class

Longevity risk and mortality risk drive investment outcomes across a range of asset classes and investment strategies, but is 'life' itself an asset class? If not, why not? This panel digs into the nuances of the question in the opening session of the day.

• 9:45-10:30 CEST
• Manu Mazumdar, Conning
• EY Zurich

Presentation: Life Settlement Investor Sentiment Survey

In 2024, asset management firm, Conning, in partnership with ELSA, surveyed institutional investors and industry participants for the inaugural ELSA | Conning investor survey. In this presentaiton, Manu Mazumdar of Conning updates the audience with some top-level insights from the sophomore edition, which is due to publish in December 2025.

• 10:30-10:55 CEST
• Sponsored by: Wilmington Trust
• EY Zurich

Morning Coffee Break: Sponsored by Wilmington Trust

• 11:00-11:20 CEST
• TBC
• EY Zurich

Origination Presentation: Life Settlements as Part of Sensible Retirement Planning

When most think of retirement planning, they think of annuities, or low-risk investments. Too rarely does life insurance - and therefore, life settlements - come up. This presentation explains why, and how life settlements should be viewed by the retirement advisor community.

• 11:20-11:40 CEST
• EY Zurich

Origination Presentation: Consolidation in the Life Settlement Market

• 11:40-12:00 CEST
• EY Zurich

Discussion Panel: Origination Today

Investors in the life settlement market rely on a diverse range of origination chanels when sourcing assets. This panel discusses the continued efforts to driver consumer demand for the life settlement option through innovation and market education.

• 12:00-13:00 CEST
• EY Zurich

Lunch Break: Sponsor TBC

• 13:00-13:45 CEST
• Rahul Nawander, Fasano Associates
• EY Zurich

Presentation: How the Life Settlement Population has Changed over the Decades

The cohort of insureds in the life settlement industry began in the 1980s with those with severe health impairments, and has since changed dramatically to include individuals that are very healthy at the point of sale. This presentation discusses the demographic change and offers insights into any future trends.

• 13:45-14:30 CEST
• Ben Grainger, EY | Beat Hess, AAP
• EY Zurich

Panel: How does a Life Settlement Manager Treat Different LE Reports

Life expectancy reports are a foundational component of modelling longevity risk for a life settlement asset manager, but not all LE's are created equal. This panel discusses why deviations exist, and how asset managers interpret them for inclusion into their models.

• 14:30-15:00 CEST
• EY Zurich

Afternoon Break: Sponsored by Actuarial Risk Management

• 15:00-15:20 CEST
• James Westerlind, ArentFox
• EY Zurich

Litigation Presentation: PHL Rehabilitation

The PHL Variable rehabilitation was a significant news story in the life settlement market, and, 18 months on, it is still waiting for a final decision. This presentation explains what is known currently, and speculates as to what the end game will look like for the industry.

• 15:20-15:40 CEST
• Khai LeQuang, Orrick
• EY Zurich

Litigation Presentation: Amicus Briefs

Various interested parties in or adjacent to the life settlement market have come together at various points to file amicus briefs in court cases in the US. This presentation highlights a few which have led to wins - and losses - and offers insights into future filings could lead to positive outcomes.

• 15:40-16:00 CEST
• Liam Bodemeaid, Actuarial Risk Management
• EY Zurich

Litigation Presentation: How does a Life Settlement Manager Price Litigation Risk.

As litigation activity continues to emerge in the life settlement industry, particularly with estate-driven lawsuits, investors and risk managers face increasing complexity in pricing this uncertainty. This presentation explores two actuarial frameworks for incorporating litigation risk into life settlement valuations.

• 16:00-16:20 CEST
• EY Zurich

Discussion Panel: Litigation Today

Litigation activity is a constant companion to the life settlement market and takes various forms. This panel discusses the prevailing topics of the day that are, or should be, top of mind for life settlement asset managers and investors.

• 16:30-17:00 CEST
• EY Zurich

ELSA Annual General Meeting: Members Meeting

• 16.20-18:00 CEST
• EY Zurich

Networking Cocktails Sponsored by Corry Capital